Tag: forex trading

news-21062024-074141

USD/JPY Forex Analysis: Heading Towards Danger Zone

USD/JPY bulls are taking big risks. The pair has been on the rise for seven consecutive days following a strong US services PMI report....
news-20062024-153641

NZD/JPY Price Analysis: Cross Extends Gains Above 97.00

The NZD/JPY cross has been on an upward trend, reaching new cycle highs above 97.00. This positive movement continued on Thursday as the cross...
news-20062024-013012

GBP Volatility Ahead: Bank of England Verdict – Action Forex

GBP/USD In the first half of this trading week, the GBP/USD pair has been holding steady above the key range of 1.2700-1.2650, making efforts to...
news-20062024-012951

Swiss National Bank Chairman Jordan Discusses Two-Way FX Intervention | Forexlive

The Chairman of the Swiss National Bank, Thomas Jordan, recently discussed the impact of the appreciation of the Swiss franc on monetary conditions. He...
news-19062024-131302

Asia Economic Calendar: China Interest Rate Decision on Thursday, 20 June 2024 | Forexlive

China's Loan Prime Rates (LPR) decision is set to be announced today by the People's Bank of China. The expectation is for a hold...
news-19062024-035226

AUDCAD Forecast: Bullish Momentum Continues – Action Forex

AUDCAD saw a strong rebound on Tuesday, surpassing the key resistance level of 0.9125. The pair is currently trading above a previous upward channel...
news-16062024-192503

Maintaining Offered Tone: NZD/USD Near 0.6130-0.6125 Area

The NZD/USD pair experienced some selling pressure for the third consecutive day on Monday. This was influenced by mixed Chinese data that did not...
news-16062024-144351

Australian Dollar weakens ahead of RBA decision

The Australian Dollar (AUD) weakened against the US Dollar (USD) as markets anticipated the Reserve Bank of Australia's (RBA) decision next week. Despite strong...
news-16062024-144033

NZD/USD Price Analysis: Bulls Battle as Consolidation Intensifies

The NZD/USD pair has been stabilizing near the 20-day Simple Moving Average (SMA) of 0.6140 after a dip to a low of 0.6115. Bulls...
news-16062024-143809

EUR/USD Weekly Forecast: Key Analysis and Predictions

Last week, the Euro saw a significant decline indicating that the rebound from 1.0601 may have already ended as a correction to 1.0915. This...

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news-02072024-143122

XTIUSD Price Analysis: Bullish Momentum Building Towards Key Resistance Area

The XTIUSD price analysis shows that there is bullish momentum building towards a key resistance area. If a bearish scenario occurs, selling below 83.63...